VSMPO-Avisma has received a loan of 100 million rubles to create a site to process bulk titanium rings.
30% of the sum is provided by the Sverdlovsk-based Fund of industry development, and 70% – by the Federal fund.
The company has started assembling the technological line. Vertical borers will be assembled to process titanium rings with the diameter of 3.5 meters.
The products will be delivered both to domestic and foreign customers. (Ukrainian metal)
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